Authorizes the "Missouri Homestead Preservation Act"

Summary

The bill would let owners who are 65 or older, or who are disabled and whose income is below a set limit, apply for a homestead exemption credit when their property tax rises more than a calculated threshold. Applicants must have paid all taxes in full, not have claimed other property‑tax credits, and file an application each year. The credit is applied to the next year’s tax bill to offset the excess increase.

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